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World’s Largest Crypto Exchange by Trading Volume Binance Adds Support for Trump-Linked World Liberty Financial Stablecoin – The Daily Hodl

23 May 2025
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The world’s largest crypto trade by buying and selling quantity is including help for an asset linked with President Donald Trump’s new decentralized finance undertaking, World Liberty Monetary (WLFI).

In a brand new announcement, Binance says it would add help for the stablecoin World Liberty Monetary USD (USD1), a dollar-pegged digital asset managed by the crypto asset supervisor BitGo.

“Binance is happy to announce that World Liberty Monetary USD (USD1) shall be added to Binance Easy Earn, ‘Purchase Crypto,’ Binance Convert, and Binance Margin [on May 22nd].”

USD1, which was designed to maintain a 1:1 peg to the US greenback, launched in March and just lately shaped a partnership with the decentralized oracle supplier Chainlink (LINK), permitting it to be seamlessly transferred over quite a few blockchains.

The collaboration permits the stablecoin for use over Chainlink’s Cross-Chain Interoperability Protocol (CCIP), an interoperability protocol launched in 2023, inflicting the crypto asset to surpass $2 billion in market capitalization.

As acknowledged by WLFI co-founder Zach Witkoff in a press launch,

“WLFI’s partnership with Chainlink will speed up and enhance USD1’s utility for cross-border funds and can lead to actually helpful purposes throughout DeFi and conventional finance. We’re making a complete platform for a dramatically improved monetary future by constructing atop a rock-solid basis.”

At time of writing, USD1 has a market cap of $2.1 billion whereas LINK is valued at $16.82, a 4.4% improve over the past 24 hours.

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Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses you could incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in online marketing.

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Tags: AddsBinanceCryptoDailyExchangefinancialHodlLargestLibertyStablecoinSupportTradingTrumpLinkedvolumeWorldWorlds
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